Archives for 2016
Federal report slams Tesoro for failing basic safety protocols
By Malachi Petersen San Antonio Express-News “These incidents provide evidence of deficiencies in the refinery’s organizational policies and practices governing safe work,” the U.S. Chemical Safety and Hazard Investigation Board, or CSB, wrote in...
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Oil settles below $40 for the first time since April
U.S. oil settled below $40 for the first time since April, continuing a slide that began last month as drillers returned to shale fields and new concerns about supplies gripped markets. Domestic crude settled in...
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How will the next president handle energy and climate change?
There’s been little room for energy policy in the presidential campaigns so far – with the economy and immigration consuming most of the oxygen on the trail. But in five months, the country will inaugurate...
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Beyond a bear market: Analysts see $57 crude in 2017
Oil closed in a bear market Monday, but don’t abandon hope. Analysts are looking beyond the current slide to next year for a rebound. Crude has plunged by more than a fifth in...
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Maersk Drilling to cut another 120 jobs after Gulf rig contract canceled
Another high-tech drilling rig has lost its contract work in the deep-water Gulf of Mexico more than a year before its agreement expired. Danish rig contractor Maersk Drilling says it’s planning to shed 120 more...
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